TSX-V

Cosigo Resources Ltd.

CSG.V•Basic Materials•Gold
Current Price
$0.05
Today's Change
+0.00%
Market Cap
$5.61M
Volume
60.00K
🥇

Commodity Exposure

Gold

Current Price
$4,076.10/oz
-1.78% today
💡

Industry Context

Mining companies typically trade at 5-9x EV/EBITDA due to commodity price volatility. Gold price movements significantly impact profitability.

Price updated: Oct 22, 2026, 03:00 PM

💡 Quick Take

Cosigo Resources Ltd. focuses on acquiring and exploring gold mineral properties in Colombia and Brazil. The company has a solid liquidity position with a current ratio of 1.62, indicating it can cover short-term liabilities. However, it faces challenges with a negative return on assets (ROA) of -26.4%, reflecting operational inefficiencies. The low market cap of $5.61M and stagnant price at $0.05 suggest limited investor confidence, which may hinder future growth despite its exploration potential. Overall, while there are strengths in liquidity, the financial health raises concerns about profitability and market perception.

Based on 16 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.10
52 Week Low$0.03
Avg Volume32.59K
Beta-0.26
Shares Outstanding112.22M

🔥 Valuation

Market Cap$5.61M
Enterprise Value$5.12M
P/E RatioN/A
EV/EBITDA ⚠️N/A
Dividend Yield0.00%

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🚩 Red Flags

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Limited Cash Runway

Company is burning $121K per quarter with $284K in cash. Approximately 2.3 quarters of runway at current burn rate.

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Significant Losses

Company posted a loss of $-587K over the last year, representing Infinity% of revenue.

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Persistent Cash Burn

Operating cash flow has been negative for 3 consecutive quarters, burning $484K over the last year.

🌟 Opportunities

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Fortress balance sheet: cash covers total debt 2.9×, providing significant financial flexibility.

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